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Monday, September 2, 2013

Diesel and RON95 to go up by 20 sen


The price per litre of RON95 grade petrol and diesel will increase by 20 sen from midnight tonight. 

RON95 grade petrol will now cost RM2.10 per litre while diesel will cost RM2.00 per litre.
azlanAssuming that a new Proton Saga SV has a completely empty 40 litre tank, buying a full tank of RON95 fuel tomorrow would cost RM8 more than today.
This is the first price increase for RON95 petrol and diesel since December 2010. 

This was announced by Prime Minister Najib Abdul Razak at a specially-called press conference at his office in Putrajaya. 

Previously, the Najib administration had warned that the government's many subsidies for fuel and staple goods must be "rationalised" to reduce the federal government's burgeoning debt. 

However, critics have warned that reducing subsidies would cause  inflation while suggesting that the government be more prudent instead. 

[More to follow]

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